Extremely Fast Growing Commercial Fencing Company

Price: $3,000,000

Location: Central Florida

Business Category: Construction

Business Subcategory: Contractor Fencing

Listing ID: 4110-00296

Listing Status: New

Description

Immediately available is an extremely fast growing, family-owned, commercial fencing business. The company has established a reputation as the highest-quality fencing contractor in their area. Rating of 95 from Buildzoom.com; zero Better Business Bureau complaints. Known for outstanding customer service. Three full work crews, with long-term employees, with significant expertise in all types of commercial fencing projects – aluminum, chain link, wooden, etc. Significant amount of government contract work (accounts for approximately 25% of revenues).
VALUED AT $3,000,000 BY A CERTIFIED APPRAISER, this business operates from a state-of-the-art shop/warehouse facility with offices in a separate building. Current facilities are capable of handling up to 100% business expansion.Extremely high growth potential! Fencing industry has a projected compound annual growth rate of 5.5% through 2030.
From May 1, 2021 - April 30, 2022 the Discretionary Earnings were at $1.7M+ (trailing 12 months - accrual basis)
-- Tax Returns 2021 SDE: $791K (cash basis)
-- Tax Returns 2020 SDE: $553K (% of completion)
-- Tax Returns 2019 SDE: $231K (% of completion)
....and 2022 is continuing to outperform!

LISTING DETAILS

Down Payment: $795,000

Total Sales: $4,871,102

Discretionary Earnings: $1,743,602

FFE: $515,000

FFE Included: Yes

Operation

Year Established: 2004

Year of last Acquisition: 2004

Days & Hours of Operation: M - F 8:30a - 4:30p

Owner Hours Per Week: 45

Lender Pre-Qualified: Yes

Employees: 8

Managers: 1

Absentee Owner: No

Lease Option: 5 Year Option

Location

Monthly Rent: $10,000

Type of Location: Warehouse + Separate Office spaces.

Franchise: No

Relocatable: Yes

Summary

Reason For Sale:

Discuss with the seller.

Training & Support:

Seller will stay on for one month to assist the new owner during the acclimation period at no cost.

Owner Qualifications:

Business Management and Some Construction Experience.

Potential Growth:

According to Grand View Research’s fencing industry analysis and forecast for 2022-2030, the commercial and residential fencing business is expected to enjoy a compound
annual growth rate (CAGR) of 5.5% from now until at least 2030. Several major trends- new construction, property improvements, and increased safety and security concerns are projected to provide steady market growth.

Financing/Terms:

Down Payment: $600,000 | Loan Term: 120 Mos | Rate: P+2.75% (6.75% present rate) | Loan Payment: $27,558 | Small Business Administration financing is subject to the qualification of individual buyers. This business has not directly been reviewed by the SBA.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

James Parker

James Parker